September 6, 2019

Around the nation: CVS-Aetna merger is officially a done deal

Daily Briefing

    U.S. District Judge Richard Leon on Wednesday approved a settlement with federal antitrust enforcers, allowing the much-anticipated deal to go through, in today's bite-sized hospital and health industry news from Maryland, Michigan, and Rhode Island.

    • Maryland: Johns Hopkins University is launching the Center for Psychedelic and Consciousness Research within Johns Hopkins Medicine. The goal of the center will be to research the medical benefits of psychedelics and focus on how psychedelics affect the brain. Hopkins has had a psychedelics research group since 2000, but the new center will enable the group to proceed with more psychedelic research, according to CNN (Asmelash, CNN, 9/5).
    • Michigan: State officials on Wednesday announced that Michigan will become the first state to ban flavored e-cigarettes. Gov. Gretchen Whitmer (D) said Tuesday that she ordered the state's health department to pass emergency rules implementing the ban after the state's health department determined that youth vaping was a public health emergency (McGinley, Washington Post, 9/4).
    • Rhode Island: U.S. District Judge Richard Leon on Wednesday approved a settlement reached last year with federal antitrust enforcers, which will allow CVS Health to complete its $68 billion merger with Aetna. Leon said that opponents of the merger "raised substantial concerns that warranted serious consideration" but did not show the settlement was not in the public interest (Harris/McLaughlin, Bloomberg, 9/4).
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